https://www.taxtmi.com/caselaws?id=101903 An approval of a price list must determine a definite assessable value for assessment to be valid. Where the adjudicating authority left the value open to multiple possibilities, depending on factory-gate transactions or the declared prices of another undertaking, the determination was incomplete and did not conclusively resolve the issue. An appellate order affirming such an indeterminate assessment could not stand. The order was therefore set aside and the matter remanded for fresh determination of assessable value in accordance with law. en-us Tue, 05 Feb 2002 00:00:00 +0530 Mon, 13 Feb 2012 10:57:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101903 An approval of a price list must determine a definite assessable value for assessment to be valid. Where the adjudicating authority left the value open to multiple possibilities, depending on factory-gate transactions or the declared prices of another undertaking, the determination was incomplete and did not conclusively resolve the issue. An appellate order affirming such an indeterminate assessment could not stand. The order was therefore set aside and the matter remanded for fresh determination of assessable value in accordance with law. Case-Laws Central Excise Tue, 05 Feb 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101903